Common use of Debt Service Coverage Clause in Contracts

Debt Service Coverage. Permit the ratio of (i) EBITDA for the Reference Period with respect to the last day of any fiscal quarter of the Parent referred to below, plus any income tax refunds received by the Parent and its Subsidiaries during such Reference Period, plus (without duplication) IU Cash Inflows received by the Parent and its Subsidiaries during such Reference Period, less (without duplication) IU Cash Outflows from the Parent and its Subsidiaries during such Reference Period, less Cash Taxes for such Reference Period, less (without duplication) Landfill Permit Expenditures during such Reference Period, less Closure Trust Fund Payments during such Reference Period to (ii) Consolidated Interest Expense for such Reference Period, plus scheduled principal payments under Indebtedness of the Parent and its Subsidiaries for such Reference Period to be less than the ratio set forth below opposite such fiscal quarter: Fiscal Quarter Ratio Fiscal quarters from and including fourth quarter of fiscal 1995 through and including third quarter of fiscal 1996 1.35:1.00 Fiscal quarters from and including fourth quarter of fiscal 1996 through and including third quarter of fiscal 1997 1.80:1.00 Fiscal quarters from and including fourth quarter of fiscal 1997 through and including third quarter of fiscal 1998 2.05:1.00 Fiscal quarters from and including fourth quarter of fiscal 1998 through and including third quarter of fiscal 1999 2.45:1.00 Fourth quarter of fiscal 1999 and all fiscal quarters thereafter 2.50:1.00

Debt Service Coverage. Permit the ratio of (i) EBITDA for the Reference Period with respect to the last day of any fiscal quarter of the Parent referred to below, plus any income tax refunds received by the Parent and its Subsidiaries during such Reference Period, plus (without duplication) IU Cash Inflows received by the Parent and its Subsidiaries during such Reference Period, less (without duplication) IU Cash Outflows from the Parent and its Subsidiaries during such Reference Period, less Cash Taxes for such Reference Period, less (without duplication) Landfill Permit Expenditures during such Reference Period, less Closure Trust Fund Payments during such Reference Period to (ii) Consolidated Interest Expense for such Reference Period, plus scheduled principal payments under Indebtedness of the Parent and its Subsidiaries for such Reference Period to be less than the ratio set forth below opposite such fiscal quarter: Fiscal Quarter Ratio Fiscal quarters from and including fourth quarter of fiscal 1995 1997 through and including third quarter of fiscal 1996 1.35:1.00 1998 1.05:1.00 Fourth quarter of fiscal 1998 1.45:1.00 Fiscal quarters from and including first quarter of fiscal 1999 through and including second quarter of fiscal 1999 1.25:1.00 Third quarter of fiscal 1999 1.30:1.00 Fiscal quarters from and including fourth quarter of fiscal 1996 1999 through and including third first quarter of fiscal 1997 1.80:1.00 Fiscal quarters from and including fourth 2000 1.45:1.00 Second quarter of fiscal 1997 through and including third quarter of fiscal 1998 2.05:1.00 Fiscal quarters from and including fourth quarter of fiscal 1998 through and including third quarter of fiscal 1999 2.45:1.00 Fourth quarter of fiscal 1999 2000 and all fiscal quarters thereafter 2.50:1.002.00:1.00"

Debt Service Coverage. Permit the ratio of (i) EBITDA for ---- ------- --------- the Reference Period with respect to the last day of any fiscal quarter of the Parent referred to below, plus any income tax refunds received by the Parent and its Subsidiaries during such Reference Period, plus (without duplication) IU Cash Inflows received by the Parent and its Subsidiaries during such Reference Period, less (without duplication) IU Cash Outflows from the Parent and its Subsidiaries during such Reference Period, less Cash Taxes for such Reference Period, less (without duplication) Landfill Permit Expenditures during such Reference Period, less Closure Trust Fund Payments during such Reference Period to (ii) Consolidated Interest Expense for such Reference Period, plus scheduled principal payments under Indebtedness of the Parent and its Subsidiaries for such Reference Period to be less than the ratio set forth below opposite such fiscal quarter: Fiscal Quarter Ratio -------------- ----- Fiscal quarters from and including fourth quarter of fiscal 1995 through and including third quarter of fiscal 1996 1.35:1.00 Fiscal quarters from and including fourth quarter of fiscal 1996 through and including third first quarter of fiscal 1997 1.80:1.00 1.40:1.00 Fiscal quarters from and including fourth second quarter of fiscal 1997 through and including third quarter of fiscal 1998 2.05:1.00 1.05:1.00 Fiscal quarters from and including fourth quarter of fiscal 1998 through and including first quarter of fiscal 1999 1.60:1.00 Fiscal quarters from and including second quarter of fiscal 1999 through and including third quarter of fiscal 1999 2.45:1.00 Fourth quarter of fiscal 1999 and all fiscal quarters thereafter 2.50:1.00"

Debt Service Coverage. Permit the ratio of (i) EBITDA for --------------------- the Reference Period with respect to the last day of any fiscal quarter of the Parent referred to below, plus any income tax refunds received ---- by the Parent and its Subsidiaries during such Reference Period, plus ---- (without duplication) IU Cash Inflows received by the Parent and its Subsidiaries during such Reference Period, less (without duplication) ---- IU Cash Outflows from the Parent and its Subsidiaries during such Reference Period, less Cash Taxes for such Reference Period, less ---- ---- (without duplication) Landfill Permit Expenditures during such Reference Period, less Closure Trust Fund Payments during such ---- Reference Period to (ii) Consolidated Interest Expense for such Reference Period, plus scheduled principal payments under Indebtedness ---- of the Parent and its Subsidiaries for such Reference Period to be less than the ratio set forth below opposite such fiscal quarter: Fiscal Quarter Ratio Fiscal quarters from and including fourth quarter of fiscal 1995 through and including third quarter of fiscal 1996 1.35:1.00 Fiscal quarters from and including fourth quarter of fiscal 1996 through and including third quarter of fiscal 1997 1.80:1.00 -------------- ----- Fiscal quarters from and including fourth quarter of fiscal 1997 through and including third quarter of fiscal 1998 2.05:1.00 1.05:1.00 Fiscal quarters from and including fourth quarter of fiscal 1998 through and including third first quarter of fiscal 1999 2.45:1.00 1.45:1.00 Second quarter of fiscal 1999 1.75:1.00 Third quarter of fiscal 1999 1.85:1.00 Fourth quarter of fiscal 1999 1.95:1.00 First quarter of fiscal 2000 and all fiscal quarters thereafter 2.50:1.002.00:1.00" (b) Section 7.1 of the Credit Agreement is hereby amended by deleting subclause (d) in its entirety and substituting the following in lieu thereof:

Debt Service Coverage. Permit the ratio of (i) EBITDA for the ----------------------- Reference Period with respect to the last day of any fiscal quarter of the Parent referred to below, plus any income tax refunds received by the Parent and its Subsidiaries during such Reference Period, plus (without duplication) IU Cash Inflows received by the Parent and its Subsidiaries during such Reference Period, less (without duplication) IU Cash Outflows from the Parent and its Subsidiaries during such Reference Period, less Cash Taxes for such Reference Period, less (without duplication) Landfill Permit Expenditures during such Reference Period, less Closure Trust Fund Payments during such Reference Period to (ii) Consolidated Interest Expense for such Reference Period, plus scheduled principal payments under Indebtedness of the Parent and its Subsidiaries for such Reference Period to be less than the ratio set forth below opposite such fiscal quarter: Fiscal Quarter Ratio -------------- ----- Fiscal quarters from and including fourth quarter of fiscal 1995 through and including third quarter of fiscal 1996 1.35:1.00 Fiscal quarters from and including fourth quarter of fiscal 1996 through and including third second quarter of fiscal 1997 1.80:1.00 1.40:1.00 Third fiscal quarter of fiscal 1997 1.45:1.00 Fiscal quarters from and including fourth quarter of fiscal 1997 through and including first quarter of fiscal 1998 1.50:1.00 Fiscal quarters from and including second quarter of fiscal 1998 through and including third quarter of fiscal 1998 2.05:1.00 Fiscal quarters from and including fourth quarter of fiscal 1998 through and including third quarter of fiscal 1999 2.45:1.00 Fourth quarter of fiscal 1999 and all fiscal quarters thereafter 2.50:1.00"

Debt Service Coverage. Permit the ratio of (i) EBITDA for --------------------- the Reference Period with respect to the last day of any fiscal quarter of the Parent referred to below, plus any income tax refunds received ---- by the Parent and its Subsidiaries during such Reference Period, plus ---- (without duplication) IU Cash Inflows received by the Parent and its Subsidiaries during such Reference Period, less (without duplication) ---- IU Cash Outflows from the Parent and its Subsidiaries during such Reference Period, less Cash Taxes for such Reference Period, less ---- ---- (without duplication) Landfill Permit Expenditures during such Reference Period, less Closure Trust Fund Payments during such ---- Reference Period to (ii) Consolidated Interest Expense for such Reference Period, plus scheduled principal payments under Indebtedness ---- of the Parent and its Subsidiaries for such Reference Period to be less than the ratio set forth below opposite such fiscal quarter: Fiscal Quarter Ratio -------------- ----- Fiscal quarters from and including fourth quarter of fiscal 1995 through and including third quarter of fiscal 1996 1.35:1.00 Fiscal quarters from and including fourth quarter of fiscal 1996 through and including third first quarter of fiscal 1997 1.80:1.00 1.40:1.00 Fiscal quarters from and including fourth second quarter of fiscal 1997 through and including third quarter of fiscal 1998 2.05:1.00 1.05:1.00 Fiscal quarters from and including fourth quarter of fiscal 1998 through and including third first quarter of fiscal 1999 2.45:1.00 Fourth 1.60:1.00 Second quarter of fiscal 1999 and all fiscal quarters thereafter 2.50:1.002.00:1.00"